US$38.9M upgrade for power company nearing completion

The Guyana Power and Light is embarking on the final stages of the US$38.9M Infrastructure Development Project which provides for the development and expansion of its Transmission and Distribution System.

The funds, a concessionary loan negotiated between the Guyana Government and China Export-Import Bank, is supplemented by US$3.9million from GPL’s revenue for preparatory works, including route clearing, site preparation and backfilling …..To continue reading, login or subscribe now.

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